Pension reform is continuing at a relentless pace but can the industry keep up? Helen Morrissey reports
It has been six months since the Coalition government came to power and the relentless progress in pension policy has yet to slow. Over recent months, announcements have been made regarding state pension, pensions tax relief, default retirement age, auto- enrolment and changes to how pension increases are to be calculated. The interim Hutton report suggested far reaching changes to public sector pensions and a consultation on annuitisation has been completed. The pensions industry, financial advisers and scheme managers have a challenging time ahead interpreting what these changes mean for ...
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